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President of Uzbekistan Signs Decree on Blockchain Integration, Tax Exclusions for Crypto

The President of Uzbekistan has signed a decree on the development and integration of blockchain technology, cryptoassets, and crypto mining with the goal of modernizing the state administration system and advancing digital economics in the…
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Report: 18% of People in Turkey Own Crypto Compared to 8% in the US

Eighteen percent of people in Turkey own crypto compared to eight percent in the United States, according to a study conducted by ING Bank. ING Bank Poll Finds 35% Europeans Agree Bitcoin Is the Future of Spending Online “Cracking the…
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Binance Halts All Trading Over Abnormal Crypto Transactions

Binance, the world’s largest cryptocurrency exchange by trading volume, has suspended its trading services, hours after one token on its platform was reported with irregular transactions. Syscoin, a distributed network based on a fork of…
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Indian Supreme Court Continues to Uphold Central Bank’s Ban on Crypto Dealings

The Supreme Court of India has ruled not to grant interim relief to those affected by the Reserve Bank of India’s (RBI) ban on banks’ dealings with crypto-related businesses, Quartz India reports today, July 3rd. The Supreme Court has thus…
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Crypto Money Laundering Expected to Reach $1.5 Billion in 2018

A new report has revealed that three times more cryptocurrency has been stolen from crypto exchanges so far in 2018 compared to 2017. Data security company CipherTrace, which released the report, analyse cryptocurrency data to identify illicit…
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Five Nations Launch Tax Enforcement Alliance to Tackle Crypto, Cybercrime ‘Threat’

The US Internal Revenue Service (IRS) has launched an international taskforce together with tax enforcement authorities from four other countries to take on cryptocurrency-enabled crimes, according to a press release published Monday, July…
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Crypto Market Adds $40 Billion as Bitcoin, Ether and XRP Record Major Gains

The cryptocurrency market has added more than $40 billion within a 48 hour period as major digital assets bitcoin, ether, Ripple, and Bitcoin Cash recorded gains in the range of 5 to 10 percent. XRP, BCH, EOS, and Cardano Best Performers Ripple…
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Swiss Finance Director Confident That Full Banking Will Extend to Crypto Companies

Switzerland appears to be moving closer to offering traditional banking services to the large numbers of blockchain companies that have set up there. The finance director of Zug, one of the centres of the nation’s blockchain industry,…
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Bank of Finland Releases Scathing Crypto Report, Calls Digital Currency a “Fallacy”

The Bank of Finland released a paper on June 21 titled “The Great Illusion of Cryptocurrencies,” explaining why they think the concept of a digital currency is a “fallacy.” The paper, written by Aleksi Grym, Adviser on Digitalization…
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CoinEx Volume Jumps 30,000% on New Trading Model, Overtakes Binance

CoinEx jumped past 70 exchanges in less than 24 hours as its trading volume rose from $5 million to $1.5 billion following its adoption of a controversial new trading policy. Since offering a version of the ‘trans-fee’ mining model,…